Power Plants

Officials from Hokkaido Electric Power in Japan are being forced to review applications made by large-scale PV developers due to fears these installations could exceed the grid’s capacity.

PV installations reached a record 723MW in the first quarter of 2013, representing a 33% increase over the first quarter of 2012, according to GTM Research

LDK Solar actually beat revenue guidance for the first quarter of 2013 but the struggling PV manufacturer reported losses of US$187.1 million and exited the quarter with US$174.1 million in cash and US$168.4 million in short-term pledged bank deposits.

Canadian Solar has secured its largest EPC contract to date with the signing of an agreement to build a 130MW PV power plant in Ontario, Canada for Samsung Renewable Energy.

Luxembourg-based manufacturer CNPV Solar Power has completed the first phase of a 10MW module supply deal with Indian steel and textile firm Cheenu Group.

German solar project developer Wirsol Solar has announced the construction of a 5.94MW project in Lobbach-Lobenfeld near Heidelberg, Germany.

International developer Mainstream Renewable Energy has formed a joint venture with investor Actis to deploy 600MW of solar and wind projects in Chile by 2016.

Screw foundations manufacturer Krinner Schraubfundamente has opened a facility in Ontario, Canada, expanding its operations into North America.

Dutch solar energy solutions provider Photon Energy N.V. has debuted on the NewConnect market of the Warsaw Stock Exchange.

A new supply and technology agreement has been signed between DuPont and Yingli Green Energy worth US$100 million.